SAP Buys Signavio
January 29, 2021
SAP
has entered into an agreement to acquire Signavio, a leader in the enterprise
business process intelligence and process management space. Combining Signavio
with the Business Process Intelligence unit of SAP will strengthen SAP’s
capacity to help companies quickly understand, improve, transform and manage
their business processes at scale. The transaction is expected to close in the
first quarter of 2021, subject to regulatory approval.
SAP and Signavio agreed not to disclose the purchase price or other financial details of this transaction.
“In today’s dynamic world, companies of all sizes need the ability to rapidly
adapt their business processes to fast-changing market conditions,” said Luka
Mucic, Chief Financial Officer and Member of the Executive Board of SAP SE. “I
cannot overstress the importance for companies to be able to design, benchmark,
improve and transform business processes across the enterprise to support new
capabilities and business models. The combination of business process
intelligence from SAP and Signavio creates a leading end-to-end business process
transformation suite to help our customers achieve the requirements needed to
gain a competitive edge. SAP and Signavio are a great cultural fit and share the
same values, and we are excited about joining forces with them to deliver on our
Intelligent Enterprise strategy.”
Business Process Intelligence is a key part of SAP’s new offering, the RISE with
SAP package. The offering helps companies perform a holistic business
transformation that makes them resilient, agile and intelligent. It includes
support for an accelerated move of core ERP processes to the cloud.
Signavio’s integrated cloud-native process management suite perfectly
complements existing business process intelligence software from SAP. With the
addition of Signavio, SAP can now provide a holistic suite of flexible process
transformation solutions for customers to transform their business processes end
to end. That includes business process design, benchmarking, gap analysis,
improvement and process change management. The suite will also allow customers
to monitor the long-run success of these process changes.
“Signavio’s
capabilities in making business processes intelligent are highly complementary
with our own,” said Rouven Morato, General Manager, Business Process
Intelligence, SAP. “While we are providing insights using our deep understanding
of business processes running in our applications and based on that can provide
unmatched benchmarking capabilities, Signavio’s approach to transformation is
process model–centric. Signavio’s process modeling and management
functionalities, and its process governance and collaboration solution, are
among the market leaders in the industry and are the missing component for
providing our customers an end-to-end process transformation suite.”
The combination of SAP and Signavio will bring together standardized process
KPIs, broad benchmarking data, process mining, user behavior mining and customer
experience analysis to give customers a 360-degree view of every business
process. It will also provide tools to fully understand and transform the
processes.
“By joining SAP, we tap into the broadest business application software
portfolio in the market, running the processes of the world,” said Dr. Gero
Decker, Co-founder and CEO, Signavio. “Considering the positioning of SAP, its
geographical coverage and financial muscle, SAP is the biggest and best platform
to bring process intelligence to every organization. For us, it’s a massive jump
start and a major opportunity to help SAP become a key player in the business
process management and intelligence space.”